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Ratti Group
                               Sustainability report 2020









                               business of significant importance to the Company   With increasing monitoring of aspects
                               or the Group, according to the criteria laid down   of sustainability, Ratti SpA has adopted a range
                               by corporate governance.                 of polices and instruments which have been
                                                                        communicated and implemented by the various
                                                                        companies of the Group according to the specific
                               Governance of sustainability issues      needs and various contexts in which they operate.
                               (Legislative Decree 254/2016).
                               With regard to sustainability issues, the strategy   In particular, Ratti SpA, Creomoda, La Maison
                               and coordination of activities are within the   des Accessoires and Textrom have adopted their
                               remit of the Parent company Ratti SpA. In   own social accountability policy and safeguard
                               particular, the BoD of Ratti SpA defines the   the fundamental rights of persons, with a
                               Group’s strategic choices in accordance with   particular focus on forced and compulsory child
                               the contents of Legislative Decree 254/2016,   labour, health and safety in the workplace, and
                               based on knowledge of the processes in other   no discrimination against workers during the
                               Group companies and the integrated system   recruitment phase and after they have been hired
                               for managing risks (see the paragraph “The   (see Chapter 3, paragraph 3.2 “A commitment
                               management of sustainability risks”), with the aim   anchored in the most advanced standards”).
                               of providing a line of conduct to follow in the
                               operating activities of the Group.       With regard to environmental aspects the Group’s
                                                                        companies have adopted an Environmental Policy
                               In March 2018, the Sustainability Committee   with the aim of safeguarding the environment
                               in Ratti SpA, which meets regularly to develop   and promoting a sustainable development
                               plans and proposals for the Group, assumed the   agenda, both in terms of making company
                               designation, the characteristics and the functions   processes more efficient and in terms of using
                               of “Working Group for sustainability”.   products and services with a lower environmental
                               The Group, coordinated by Ratti SpA’s Innovation   impact, focusing attention on the selection of
                               Manager, reports to the CEO of the Company and   suppliers (see Chapter 4, Box “The Ratti Group’s
                               has the task of planning and putting into practice   environmental policies”).
                               actions relating to social and environmental   In 2019, Creomoda updated its environmental
                               sustainability.                          policy to include the activities of the new company
                                                                        La Maison des Accessoires.

                The Working Group for Sustainability                    The management of personnel and respect
                                                                        for human rights are covered in the personnel
                                                                        and selection policies of Ratti SpA, Creomoda,
                As the engine of sustainability in Ratti, the Working Group plans and puts into   La Maison des Accessoires and Textrom. No
                practice, in line with the Group’s policies, and in accordance with the gui-
                delines, programmes and actions of environmental and social sustainability.   discrimination of any type is tolerated and
                                                                        selection is based exclusively on merit and the
                Coordinated by the Group’s Innovation Manager, the Group avails itself of   equitable treatment of candidates. Particular
                contributions from leaders and specialists in Human Resources, Commu-  attention is given to the practicalities of verification
                nication, Chemicals Management, Sales and Operations and reports to the   and hiring with regard to minors (see Chapter 2,
                CEO of the company.                                     paragraph 2.1 “Ratti’s employees”).
                                                                        The Group pays attention to the fundamental
                The Group operates on the basis of action plans with time limits. In 2020 it   rights of its workers, adopting measures to
                developed products and services with circular fabrics (Second Life Fibers),   prevent and fight against forced/compulsory
                partnered with ITC, the UN agency, to bring about the joint programmes   labour, including along its supply chain (see
                planned by the EFI (Ethical Fashion Institute), increased product certification,   Chapter 3, paragraph 3.4 3.2 “A virtuous circle of
                supported the sales force, and worked with Manufacturing to improve envi-
                ronmental performance.                                  good practices”).
                                                                        With regard to social themes, managing the
                                                                        health and safety of consumers is important.




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